Deloitte

News stories featuring Deloitte:

Metro Bank in the UK has successfully trialled a blockchain retail payment system, allowing consumers to make purchases from merchants equipped with contactless terminals, with merchant and consumer balances updated in real time. London-based financial… More

The use of in-store mobile payments increased nearly four-fold across the US this year, from 5% in 2014 to 18% in 2015, research from Deloitte reveals, with approximately one in five consumers using their phone… More

Some 13% of UK consumers have made an in-store mobile payment, up from 3% last year, Deloitte’s Mobile Consumer 2015 report reveals. 1% do so once or twice per day, 2% do so several times a week, 2% do so once a week and 4% do so less often than once a week while 4% have only ever used it once or twice.

More than one third of UK consumers aged between 18 and 34 (34%) are interested in mobile payments alongside one fifth of 55- to 75-year-olds (20%), research from Deloitte has revealed. “We are reaching an inflection point for NFC-enabled mobile payments in the UK,” says the company’s Ed Marsden. “We expect usage of contactless mobile payments could surge.”

The number of consumers with an NFC phone has doubled since 2012 according to Deloitte‘s third annual Global Mobile Consumer Survey, with 10% of 37,600 consumers surveyed in 20 countries saying they know that they… More

There will be 200m phones with built-in NFC technology by the end of 2012, according to the new edition of Deloitte’s Technology, Media and Telecommunications Predictions report. “Even if 2012 turns out to be no more than a ‘transitional year’ for mobile payments, the NFC chips will not go to waste,” say the management consultants. “There are thousands of applications of NFC — from gambling, to games to healthcare — that could build up a head of steam over the course of the year, even if the media continues to focus on the ‘digital wallet’.”

Inside Secure has been included in the Deloitte Technology Fast 500 EMEA, a ranking of the 500 fastest growing technology companies in Europe, the Middle East and Africa. The French company, which is expected to go public in the near future, has grown operating revenue 318% over five years. Mobile banking specialist Monitise also made the list, with 2,408% growth over the same period.